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K.K.R.'s public markets segment performed better, reporting a rise in fee-related earnings and investment income to generate a $23.9 million profit.
Many landlords will have to accept a rise in fees.
That would lead to a rise in fees of between 4% and 8%.
No-one has acknowledged this however a rise in fees was not ruled out by William Hague.
The IFS report said another rise in fees would raise the cost of student loans in the long run.
"These figures are off the Richter Scale and expose a shocking rise in fees over recent years," commented Mr Diamond.
In a statement, the occupiers said the "savage cuts and substantial rise in fees should not be under-estimated".
All sitting Lib Dem MPs, including Nick Clegg and Vince Cable, signed a pledge to vote against a rise in fees.
Greg Mulholland, Lib Dem MP for Leeds North West, said he would vote against any rise in fees.
There was no evidence, as some had argued, that a rise in fees had deterred supposedly spurious claims, he said.
Much of the firm's good news in its core private markets unit came from a rise in fees, including monitoring fees that it charges its portfolio companies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com